Splash Beverage Group Inc (AMEX: SBEV)’s stock price has gone rise by 11.56 in comparison to its previous close of 0.29, however, the company has experienced a 2.49% increase in its stock price over the last five trading days. GlobeNewsWire reported 2023-08-15 that FORT LAUDERDALE, FL, Aug. 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (SBEV) announced today that Robert Nistico, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company August Virtual Microcap Conference on Thursday, August 17, 2023, at 9:15 am ET.
Is It Worth Investing in Splash Beverage Group Inc (AMEX: SBEV) Right Now?
There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SBEV is 34.95M, and at present, short sellers hold a 0.40% of that float. The average trading volume of SBEV on May 01, 2024 was 176.06K shares.
SBEV’s Market Performance
SBEV stock saw a decrease of 2.49% in the past week, with a monthly decline of -11.06% and a quarterly a decrease of -17.91%. The volatility ratio for the week is 18.43%, and the volatility levels for the last 30 days are 10.89% for Splash Beverage Group Inc (SBEV). The simple moving average for the past 20 days is -1.63% for SBEV’s stock, with a -44.11% simple moving average for the past 200 days.
SBEV Trading at -28.12% from the 50-Day Moving Average
After a stumble in the market that brought SBEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.98% of loss for the given period.
Volatility was left at 10.89%, however, over the last 30 days, the volatility rate increased by 18.43%, as shares sank -7.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.78% lower at present.
During the last 5 trading sessions, SBEV rose by +2.49%, which changed the moving average for the period of 200-days by -67.75% in comparison to the 20-day moving average, which settled at $0.3330. In addition, Splash Beverage Group Inc saw -40.44% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SBEV starting from Nistico Robert, who purchase 7,000 shares at the price of $1.01 back on Jun 16 ’23. After this action, Nistico Robert now owns 1,386,000 shares of Splash Beverage Group Inc, valued at $7,070 using the latest closing price.
Stock Fundamentals for SBEV
Current profitability levels for the company are sitting at:
- -0.81 for the present operating margin
- 0.23 for the gross margin
The net margin for Splash Beverage Group Inc stands at -1.14. The total capital return value is set at 3.15. Equity return is now at value -1130.20, with -154.42 for asset returns.
Based on Splash Beverage Group Inc (SBEV), the company’s capital structure generated 2.73 points at debt to capital in total, while cash flow to debt ratio is standing at -1.15. The debt to equity ratio resting at -1.58. The interest coverage ratio of the stock is -3.71.
Currently, EBITDA for the company is -14.74 million with net debt to EBITDA at -0.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.25. The receivables turnover for the company is 16.76for trailing twelve months and the total asset turnover is 1.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In summary, Splash Beverage Group Inc (SBEV) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
